Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 16.3 to 14.
Financials
Financial year 2025
VD Printing from Temse, company number BE0421101150, closed financial year 2025 with a result of € 108,227 after tax. For that financial year VD Printing recorded a gross margin of € 2.7 million and equity of € 4.8 million. Compared with financial year 2024, the result moved from € 397,212 to € 108,227. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 4.8 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,227
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 156,907
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.7 million.
People and assets in 2025
14
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 3% vs 2024
€ 78,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3.2 million
▼ 23% vs 2024
Of which on lease € 3.1 million.
Debts at end 2025
€ 4.5 million
▼ 14% vs 2024
€ 829,745 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 221,901
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 147,605
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,009,609 | € 2,819,172 | € 3,187,455 | € 2,745,524 | ▼ 14% |
| Profit after taxes | € 10,336 | € 125,529 | € 397,212 | € 108,227 | ▼ 73% |
| Equity | € 4,217,174 | € 4,342,703 | € 4,739,915 | € 4,848,142 | ▲ 2% |
| Total debts | € 5,321,578 | € 5,020,274 | € 6,468,942 | € 5,598,299 | ▼ 13% |
| Cash | € 228,492 | € 125,840 | € 160,701 | € 156,907 | ▼ 2% |
| Land & buildings | € 1,102,446 | € 993,922 | € 862,551 | € 1,001,341 | ▲ 16% |
| Retained profit | € 4,075,474 | € 4,201,003 | € 4,598,215 | € 4,706,442 | ▲ 2% |
| Bank debt | € 3,705,931 | € 3,966,588 | € 5,195,950 | € 4,474,746 | ▼ 14% |
| Balance sheet total | € 9,538,752 | € 9,362,978 | € 11,208,857 | € 10,446,442 | ▼ 7% |
| Employees (FTE) | 18.4 | 16.3 | 14.2 | 14 | ▼ 0.2 |
Key figures of VD Printing, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VD Printing?
What happened at VD Printing in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- House of Printing BV stepped down as director. NBB
- Marianne Gijbels stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 108,227 (▼ 73% vs 2024). Source: NBB ↗
- House of Printing BV became a director. NBB
- Marianne Gijbels became a director. NBB
- New establishment in Temse. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,336 profit in 2022 to € 108,227 profit in 2025.
Paid € 204,311 in corporate taxes since 2022.
Best year ever: 2024, with € 397,212 profit.
On average € 196,100 of value added per employee in 2025.
Management
The stake of HOUSE OF PRINTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VD PrintingThe shares are held by HOUSE OF PRINTING (99.8%).
Directors
According to the 2025 annual accounts
Managing director · represented by Marco De Ridder
Also active at: Drukkerij Wilda, D.A.D., ETICOLOR PACKAGING, DRUKKERIJ ORANJE, GRAFILUX PRINTING, DE PREST DRUKKERIJ UITGEVERIJ
since 2022 · until 2028
since 2022 · until 2028
Shareholders
HOUSE OF PRINTING · holding of Marianne Gijbels
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Walgoedstraat 1
9140 Temse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →VD PACKAGING same network
€ 652,146 gross margin · 2025
DRUKKERIJ VERSPECHT
€ 952,711 gross margin · 2025
HOUSE OF PRINTING same network
€ 402,458 gross margin · 2025
MAXMAR same network
€ 57,870 gross margin · 2025
HOUSE OF IMMO same network
€ 790,046 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.101.150
- VAT number
- BE 0421.101.150
- Registered office
- Walgoedstraat 1, 9140 Temse
- Names & denominations
- VD Printing
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1980
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Overige activiteiten op het gebied van drukwerk
Overige drukkerijen
Productie van video en film, muv bioscoop- en televisiefilms
Dagbladdrukkerijen
Activiteiten van fotografen, met uitzondering van persfotografen
Detailhandel in kranten en andere tijdschriften
Drukken van dagbladen
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
+1